tiprankstipranks
Trending News
More News >

ITT intends to repurchase up to $500M in shares

ITT (ITT) intends to utilize its indefinite term $1B share repurchase authorization, of which there was $875M of remaining authorization on March 29, 2025, to repurchase up to an additional $500M of ITT shares. The company believes that it will continue to have the financial and managerial capacity to execute further acquisitions while maintaining its investment grade credit rating.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue